Microsoft: No New Xbox in 2012

Microsoft France says the next Xbox will not be coming in 2012. French marketing director Cedrick Delmas says that despite several rumors about the system, it won't be released this year.

"We're in an industry that talks a lot, that likes telling stories," Delmas told French site Lepoint.fr. "I am not convinced that things will happen this year. The Xbox 360's cycle is not over at all. The proof is that we haven't price cut this year. Afterward, what will happen at E3, it's still too early to say. What's certain is that there will be nothing new in 2012."

"If we wanted to counter Nintendo, we would have to be in a position to release something immediately, and that is not at all the case," Delmas said. "We're not here to counter Nintendo and they're not here to fight the other manufacturers. Nintendo has put itself in a different cycle. It's going forward to its own rhythm, with success as we have seen with the Wii, and now it's their turn to present their innovation."